Job lock is good for the U.S. work force.
A. True
B. False
C. Uncertain
C. Uncertain
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In game theory, a Nash equilibrium is the equilibrium that always yields the best result
Indicate whether the statement is true or false
Full employment occurs when the rate of unemployment consists of:
a. structural plus frictional unemployment. b. cyclical plus frictional unemployment. c. structural, frictional, and cyclical unemployment. d. none of these.
If the cost of a typical basket of goods in the U.S. is $100 and in France it is 400 euros, and the nominal exchange rate is 2 euro per dollar, what is the real exchange rate?
A. 0.5. B. 1.0. C. 1.5. D. 2.0.
An excess demand for money will result in all the following, except:
a. an excess supply of bonds. b. a rise in investment spending. c. a fall in bond prices. d. a fall in consumption spending. e. a fall in equilibrium real GDP.